Member Info for LockedIn

rxdav/B2H, come on it's clear he's the main man at ANGS. He set the company up. He took them public. When he screwed up with his share fiasco what happened? He outed Vonk! He brought in LL and co. He still holds directorships in the subsidiaries. He still calls the shots. And you get forget about a nomads duty, they are about as much use as a horizontal drilled from the wrong well!

£6mil mcap. Revenues of $35m with PBT of $3.5m in 1H19 alone. Debt refinancing would add significantly to the bottom line. There's a successful business in there somewhere, shame its getting dragged through the shite by those at the top.

Because he is blatantly still pulling the strings. ANGS is his baby.

Backtest of the daily MA50 which should act as support going forward. RSI cooled off ready for the second attempt at filling the first gap in the 6s. HSE approvals next week the perfect catalyst.

Acquisition

2016 - AGM April 25th
2017 - AGM March 17th
2018 - AGM Aug 10th
2019 - AGM ???

As has been said, there will be no AGM before Friday as shareholders require notification.

I have had it confirmed that the HBR and KME deals are separate therefore shareholders will be able to vote on one, both or neither. Hopefully common sense prevails and shareholders vote for the KME deal and against the HBR acquisition at current levels.

Expecting radio silence from PREM until RHA agreements with Zim Gov are completed.

Playing out nicely here as the steady recovery continues. Nice move away from the daily MA50 this morning with the SP now sitting right at the bottom of the first gap to fill. Volume looks good, gap filled at ~6.6p.

Flirting with the daily MA50 once more. Would love to see a clear break through this tomorrow and an attack on the first gap to fill.

Big gains already from 4s but plenty more to come. HSE approval due before end of next week and remaining equipment for Brockham due to be delivered, full mobilization to site mid April.

Doesn't look like it'll be happening by end March then.

For once I'd like to see some positive news delivered without the inevitable crippling dilution RNS directly after. Time and time again GR destroys any chance of a run up in SP by placing into positive news and then wonders why we are still stuck at 0.09p.

Get the cash in from Zim Gov and get on with the work required at RHA and the DFS at Zulu. Accept the dilution required to get the KME deal over the line, strengthen the board and get the drillbit turning. Taking on another asset at an unthinkable cost via eye-watering dilution is not an option.

GRs plan here is clear. He needs the Zim Gov to produce the funds which should result in some form of SP appreciation in PREM. This will allow him to better justify the latest shopping trip to buy a stake in HBR. GR stated on a video interview that the 2 deals - KME and HBR - were independent of each other but I'd like to see this confirmed officially because it smells like the 2 must come together. We need the drills and the experience, not another hole in the ground ready to swallow up what money we do not have.

I hope shareholders, old and new, can learn from the companies previous failings and see right through what is being attempted here. PREM has a company-making asset in its portfolio. Any further acquisition simply detracts from progressing that asset. Confirmation of deal structure should be the number 1 issue on all shareholders agenda.

It should also be noted that the HBR asset isnt going anywhere. They clearly can't fund it themselves. If/when PREM do get it right and see some cash inflows from existing assets, or at the very least command an SP that reflects fairer value, go back to HBR and negotiate a better deal. Time for shareholders to push back and for the BoD to deliver on what has been a long and painful journey.

Right at the bottom of the rising support channel... perfect buy opp.

You've got the daily MA50 to get through first @ 5.76p. Beat that resistance next week and there's gaps to be filled in 6s, 8s and 10/11s.

HSE approval would be a nice catalyst

Looking good again today, another decent volume day should see us above and clear of the long term descending downtrend. Full break out imminent pretty confident the bottom is in .

Blasted above the MA50 and currently testing the long term downwards resistance. Looks like the worm is finally turning here, confirmation of a full break out and it's up to the 4's in short order

Adding i3e at these levels. Expecting 60's minimum upon spud.

PPC taking a battering. Oversold on the technicals and may find support at around 7p but it's real "catch a falling knife" stuff here.

Can imminent news on workovers turn this around?

PH has openly admitted the flow rates they are targeting are conservative. With an additional 100m horizontal section drilled as revealed today I'd be disappointed if 16a doesn't smash the 325bopd target.

This will see BLOE transform into a profitable producer throwing off solid FCF. And that's without a repeat success at well 38 in WR and continued increases at Norio. And then there's the gas...

That'll go some way to explaining the rise then... isolation kit arrived and on site from America. Interesting to note the SP movement this A.M. long before the ANGS tweet was issued...

Sub-20 days now for HSE green light to resume operations at Brockham.

Hopefully the upcoming workover programme will drum up some interest here. I'm not sure what else PPC can do to attract buyers - huge increases in production and profitability but still very low liquidity and not much appetite for shares as was evidenced with the recent open offer falling well short of the intended target.

I'll be interested to see what progress PL can make on the gas front this year, the target of 50% increase in production excludes gas so we could potentially see an even greater increase in overall production.

With PL now at 29.95% ownership I would not be surprised to see him take this private in the next year or so if liquidity does not improve and if success in the field does not start to be reflected in the share price.

A real bargain at 7.8p

Whaaaaat the funk?! Thought it was a misprint when I seen 2.8p print on Google Finance. That is a sizeable sell.

Snowking with over 1 billion shares traded since placing announcement and the SP reacting to demand, I do not believe there is any overhang here. Quite the contrary I think SP will very easily jump a lot higher on sign off of funds from Zim gov. Lets see what happens.